CryptoCapo's TA

Many altcoins, especially low caps, are giving very good returns these days. And in my opinion, the altseason hasn't even started yet. The altcoins market cap index (OTHERS) is giving its first bullish confirmation, which is a very good sign and could indicate the beginning of acceleration. If/when it gives the second bullish confirmation (above the dark zone), that's when the fireworks could start. I missed several opportunities in 2023, but as I often said, there will always be more. It’s all about patience, timing and choosing wisely, and now feels like one of those great moments.

It looks like the previous pump was the test pump, and this dump below $60k is a bear trap.

Fed Cuts Interest Rates by 50 Basis Points Good market reaction so far 🔼

FOMC and Federal Reserve Interest Rate Decision, today at 7pm (GMT+1) ⏰ The market reaction pre and post is going to be more important than the data. There's probably going to be volatility, so avoid leverage. Let's see!

Very strong demand here for ETH, and ETH/BTC is at major support while sentiment is bearish. Perfect moment for a bounce.

$BTC ltf Looking good for bullish continuation.

$ETH / $BTC I see a lot of FUD for this pair. However, let's not forget it's at a major htf support and the downtrend appears to be overextended. Based on this, I'm expecting a bounce soon.

GM Interesting timing...

GM! U.S. PPI data coming today. BTC slowly climbing towards $60k levels, while some altcoins continue to outperform. Exciting times ahead.

$ETH Double test to the $2,100 support. Bullish confirmation would be a reclaim of the $2,800 level, which would probably match with BTC above $60k. If that happens, a new ATH would be likely.